CITI will be adding additional bankers to support its clients along the Belt & Road.
“The Belt and Road Initiative is the single largest trade and investment initiative that we will see in our lifetimes. With the pick-up in client activity we are adding resources to support clients,” says Gerry Keefe, corporate banking head, Asia-Pacific.
The additions come as the bank is seeing increasing interest from clients across the 58 markets where it banks clients along the Belt and Road, including US MNCs and Asian MNCs. The increase will be a combination of new hires and moving existing corporate bankers to support clients.
The increase in staff will be across the markets where Citi supports clients along the Belt and Road, in areas including corporate and investment banking, capital markets, lending, securities services, advisory, hedging, operations and technology and risk management.
“We have a long track record of supporting our clients around the world and along the Belt and Road areas. We look forward to continuing our century-long tradition of serving our clients by enhancing connectivity and helping them realize their global ambitions,” says Keefe.